Kuo Yang Construction Co Ltd
Kuo Yang Construction Co., Ltd. engages in the construction of public housing projects in Taiwan. The company also leases and sells commercial residential buildings, industrial plants, and commercial buildings. In addition, it is involved in the real estate investment, development, and rental and leasing services; department store business; hotel and restaurant management services; landscape and … Read more
Kuo Yang Construction Co Ltd (2505) - Net Assets
Latest net assets as of September 2025: NT$10.77 Billion TWD
Based on the latest financial reports, Kuo Yang Construction Co Ltd (2505) has net assets worth NT$10.77 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$22.70 Billion) and total liabilities (NT$11.93 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$10.77 Billion |
| % of Total Assets | 47.46% |
| Annual Growth Rate | 7.7% |
| 5-Year Change | 10.64% |
| 10-Year Change | 40.28% |
| Growth Volatility | 15.1 |
Kuo Yang Construction Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Kuo Yang Construction Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kuo Yang Construction Co Ltd (2002–2024)
The table below shows the annual net assets of Kuo Yang Construction Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$10.28 Billion | +0.72% |
| 2023-12-31 | NT$10.21 Billion | +6.16% |
| 2022-12-31 | NT$9.61 Billion | +3.78% |
| 2021-12-31 | NT$9.26 Billion | -0.29% |
| 2020-12-31 | NT$9.29 Billion | +13.06% |
| 2019-12-31 | NT$8.22 Billion | -2.40% |
| 2018-12-31 | NT$8.42 Billion | +12.42% |
| 2017-12-31 | NT$7.49 Billion | +3.61% |
| 2016-12-31 | NT$7.23 Billion | -1.35% |
| 2015-12-31 | NT$7.33 Billion | +15.88% |
| 2014-12-31 | NT$6.32 Billion | -2.23% |
| 2013-12-31 | NT$6.47 Billion | -4.77% |
| 2012-12-31 | NT$6.79 Billion | +24.07% |
| 2011-12-31 | NT$5.47 Billion | +7.05% |
| 2010-12-31 | NT$5.11 Billion | +1.46% |
| 2009-12-31 | NT$5.04 Billion | -5.32% |
| 2008-12-31 | NT$5.32 Billion | -0.94% |
| 2007-12-31 | NT$5.37 Billion | +11.17% |
| 2006-12-31 | NT$4.83 Billion | +66.69% |
| 2005-12-31 | NT$2.90 Billion | +1.95% |
| 2004-12-31 | NT$2.84 Billion | +18.55% |
| 2003-12-31 | NT$2.40 Billion | +19.43% |
| 2002-12-31 | NT$2.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kuo Yang Construction Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 457427300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$4.57 Billion | 45.04% |
| Common Stock | NT$3.80 Billion | 37.41% |
| Other Comprehensive Income | NT$1.16 Billion | 11.40% |
| Other Components | NT$624.47 Million | 6.15% |
| Total Equity | NT$10.16 Billion | 100.00% |
Kuo Yang Construction Co Ltd Competitors by Market Cap
The table below lists competitors of Kuo Yang Construction Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Evergrande Group
F:EV1
|
$116.41 Million |
|
Vizsla Royalties Corp.
V:VROY
|
$116.54 Million |
|
ATRYS HEALTH S.A. EO-01
F:A2T
|
$116.57 Million |
|
Sangoma Technologies Corp
NASDAQ:SANG
|
$116.58 Million |
|
CTT Systems AB
ST:CTT
|
$116.33 Million |
|
Unicycive Therapeutics Inc
NASDAQ:UNCY
|
$116.32 Million |
|
GZ4
F:GZ4
|
$116.32 Million |
|
Qinghai Spring Medicinal Resources Technology Co Ltd
SHG:600381
|
$116.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kuo Yang Construction Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,099,676,000 to 10,156,734,000, a change of 57,058,000 (0.6%).
- Net income of 197,610,000 contributed positively to equity growth.
- Dividend payments of 152,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,005,455,000.
- Other factors decreased equity by 994,007,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$197.61 Million | +1.95% |
| Dividends Paid | NT$152.00 Million | -1.5% |
| Other Comprehensive Income | NT$1.01 Billion | +9.9% |
| Other Changes | NT$-994.01 Million | -9.79% |
| Total Change | NT$- | 0.56% |
Book Value vs Market Value Analysis
This analysis compares Kuo Yang Construction Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.71x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.89x to 0.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$21.53 | NT$19.15 | x |
| 2007-12-31 | NT$19.95 | NT$19.15 | x |
| 2008-12-31 | NT$19.75 | NT$19.15 | x |
| 2009-12-31 | NT$18.71 | NT$19.15 | x |
| 2010-12-31 | NT$18.98 | NT$19.15 | x |
| 2011-12-31 | NT$20.29 | NT$19.15 | x |
| 2012-12-31 | NT$22.72 | NT$19.15 | x |
| 2013-12-31 | NT$20.26 | NT$19.15 | x |
| 2014-12-31 | NT$22.66 | NT$19.15 | x |
| 2015-12-31 | NT$22.89 | NT$19.15 | x |
| 2016-12-31 | NT$22.23 | NT$19.15 | x |
| 2017-12-31 | NT$23.05 | NT$19.15 | x |
| 2018-12-31 | NT$25.03 | NT$19.15 | x |
| 2019-12-31 | NT$21.55 | NT$19.15 | x |
| 2020-12-31 | NT$24.29 | NT$19.15 | x |
| 2021-12-31 | NT$24.26 | NT$19.15 | x |
| 2022-12-31 | NT$24.98 | NT$19.15 | x |
| 2023-12-31 | NT$26.55 | NT$19.15 | x |
| 2024-12-31 | NT$26.87 | NT$19.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kuo Yang Construction Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.52%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 2.21x
- Recent ROE (1.95%) is below the historical average (7.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 3.52% | 15.93% | 0.08x | 2.79x | NT$-184.43 Million |
| 2005 | 0.78% | 1.18% | 0.24x | 2.77x | NT$-267.49 Million |
| 2006 | 8.38% | 19.58% | 0.18x | 2.34x | NT$-78.52 Million |
| 2007 | 10.56% | 14.67% | 0.30x | 2.39x | NT$29.94 Million |
| 2008 | 3.13% | 6.39% | 0.17x | 2.82x | NT$-365.83 Million |
| 2009 | -7.15% | -54.79% | 0.06x | 2.11x | NT$-864.14 Million |
| 2010 | 1.39% | 3.93% | 0.17x | 2.08x | NT$-440.07 Million |
| 2011 | 6.14% | 22.39% | 0.11x | 2.41x | NT$-211.15 Million |
| 2012 | 18.76% | 22.34% | 0.34x | 2.51x | NT$594.77 Million |
| 2013 | 26.10% | 15.90% | 0.72x | 2.27x | NT$1.04 Billion |
| 2014 | 0.80% | 3.23% | 0.11x | 2.33x | NT$-581.99 Million |
| 2015 | 4.62% | 11.27% | 0.19x | 2.19x | NT$-394.01 Million |
| 2016 | 0.09% | 0.46% | 0.09x | 2.22x | NT$-703.77 Million |
| 2017 | 1.99% | 5.39% | 0.17x | 2.16x | NT$-581.21 Million |
| 2018 | -0.58% | -6.51% | 0.04x | 2.10x | NT$-890.93 Million |
| 2019 | 0.69% | 2.96% | 0.10x | 2.27x | NT$-762.26 Million |
| 2020 | 53.40% | 34.62% | 0.70x | 2.19x | NT$4.02 Billion |
| 2021 | 10.64% | 19.17% | 0.30x | 1.88x | NT$59.21 Million |
| 2022 | 5.11% | 12.29% | 0.24x | 1.76x | NT$-465.03 Million |
| 2023 | 3.01% | 41.36% | 0.04x | 1.84x | NT$-705.77 Million |
| 2024 | 1.95% | 32.52% | 0.03x | 2.21x | NT$-818.06 Million |
Industry Comparison
This section compares Kuo Yang Construction Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $6,403,237,000
- Average return on equity (ROE) among peers: 6.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kuo Yang Construction Co Ltd (2505) | NT$10.77 Billion | 3.52% | 1.11x | $116.40 Million |
| HUA YU LIEN Development Co Ltd (1436) | $3.02 Billion | 16.10% | 3.53x | $129.39 Million |
| Advancetek Enterprise Co Ltd (1442) | $5.24 Billion | 2.31% | 1.02x | $178.30 Million |
| Better Life Group Co Ltd (1805) | $323.75 Million | 0.00% | 2.24x | $19.30 Million |
| Run Long Construction Co Ltd (1808) | $2.63 Billion | 29.05% | 2.13x | $368.38 Million |
| Jean Co Ltd (2442) | $3.33 Billion | 0.00% | 1.23x | $101.72 Million |
| Pacific Construction Co Ltd (2506) | $15.29 Billion | 0.00% | 2.26x | $53.85 Million |
| Prince Housing & Development Corp (2511) | $10.50 Billion | -3.12% | 3.02x | $221.71 Million |
| King’s Town Construction Co Ltd (2524) | $8.23 Billion | 17.33% | 1.31x | $49.96 Million |
| Hung Sheng Construction Ltd (2534) | $9.07 Billion | 0.00% | 1.89x | $203.67 Million |